Lalit K.
Vacation rental condo in a resort in Orlando
Is it a good idea to buy vacation rental condo in a resort in Orlando , both from cash-flow and appreciation perspective?What are pros & cons of vacation home vis a vis going the traditional route for investment ,...
Asim G.
Using passive losses from syndication (K-1) to offset income from other SFR rentals
Hello,Can I use bonus depreciation losses from apartment syndication (form K1) to offset income from income-producing single-family rentals? I own 4 SFRs and have an opportunity to invest in a syndication deal with 60...
Coralie Fernandez
Taxes for an LLC owned by foreigners
Good evening everyone !Is there anyone here who is a foreigner and has created an LLC to invest in real estate ? How much do you pay do to your taxes ? I bought a condo last year, and it was rented only 3 months. I ca...
Taylor Klein
Building a short-term cabin. Tax benefits for 2021?
I am new to Short Term Rentals and working with a partner to build our first rental cabin. How can I still benefit from taxes for 2021 if our cabin won't be done until 2022?Quick background: My partner is fronting the...
Gary Wright
Equity Purchase Act 1695
who can tell me about this in California. I hear this is a great way to go after foreclosures.
Jay Chekansky
Home Inspector Shared Video of Inspection Results w/o consent
Hey BP,I'm looking for some advice and direction here to help a homeowner with a house for sale. A potential buyer hired a home inspector who decided it was his right to record and share a Facebook live video and an e...
Alan Feng
Is property tax appeal fees deductible?
I use a 3rd party company to help protest my rental property appraisal values and they take 1/3 of the actual tax reduction as the fee. Does anyone know if this fee can be considered as expense to the rental property ...
Mukesh Yadav
Loss from a Syndication investment
Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...
Will Fraser
Triplex for the Win!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
Cash invested: $30,000
My partners and I took this one down. The property was already rented and t...
Terra Ma
Shift from gas heaters to electric?
every winter, tenants want me to replace their existing wall gas heaters, and I have. However, CA is shifting to electric (not sure re the law here) and wall heaters are like $800 at Home Depot. Does anyone have exper...